The Structure of a Profit and Loss Account

... ISSEY MIYAKE SALEEM'S Business Planner The Structure of a Profit and Loss Account Creating a Profit and Loss Statement: This profit and loss statement shows or consolidates our understanding of the structure of the profit and loss statement. The cells displaying zeroes contain formulae to perform automatic calculations on my accounts/data. It is best not to type into these cells, as you it will erase the formulae. Also you should put figures in the rows beneath each section heading. Any values entered in the same row, as a heading will not be included in the automatic calculations. This example is how I will manage recording or analysing my profit and loss figures. On the next page it shows us how figures would compromise if they were

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